Bancorp International Group Inc (fka BCIT)

[Sportsjunkie]

on a reverse merger,the insiders of the new company can
only receive one year restricted paper...
usually a shell deal is a 80/20 split on the shares,
the shell has a value of 200k dollars and cause most people go public cause they want to raise money that the normal banks wont give them they do a participation deal with a shell owner and the 20 percent that the shell guy keeps stays free,while the insiders paper than has a one year restricted ledger placed on the share..
now the shell owner has one year to sell his paper and get the 200k worth for the shell before the company can sell any,but the shell guy only has 3 months before the company could sort of screw them on the deal and do a reverse split of the stock and sort of take back all those shares and than issue themselves an s-8 ,sb-2 registration or 504 if pink to get the o/s back up and all their own shares back..

why most r/m have big pr campaigns upon this event,cause the shell guy knows the clock is ticking on that 3 month time period...